Brexit: The impact on trade marks and designs

The end of the Brexit Transition Period is fast approaching and on 1 January 2021, EU trade marks will no longer cover the UK. 

What will that mean in practice, not only for registered and pending EU marks but also for EU designations of International Registrations? Will the UK be carved out into separate trade mark rights? How will ongoing EU oppositions and cancellations be treated? What about renewal and late renewal of EU trade marks and the “UK element” of these? Will assignments, licences and security interests recorded against EU trade marks take effect in the UK? We answer these questions and summarize other key points here.